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Official Code of Georgia Annotated

Title 10. COMMERCE AND TRADE · Chapter 5. GEORGIA UNIFORM SECURITIES · Article 3. REGISTRATION OF SECURITIES

10-5-20. Restrictions on sales of securities.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. It is unlawful for a person to offer or sell a security in this state unless:

  2. (1)

    The security is a federal covered security;#

  3. (2)

    The security, transaction, or offer is exempted from registration under Code Sections 10-5-10 through 10-5-12; or#

  4. (3)

    The security is registered under this chapter.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 10-5-20, enacted by Ga. L. 2008, p. 381, § 1/SB 358.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t10-(v8)-2024-pdf.pdf, Volume V8, 2024 edition, pages 760 to 761; merge action: carried; file SHA-256 7afbade16da7.